HSBC Regular Savings Fund Growth - Latest NAV ₹40.6836, Returns, Performance & Portfolio

HSBC Regular Savings Fund Growth

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    6.33%
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    (+0.06)40.6836

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Fund Summarystar

PeriodReturns(per year)
10 Years7.66%
5 Years6.33%
3 Years5.07%
1 Year7.56%
6 Months9.22%
Fund Details
ISININF336L01099
RiskModerately High risk
Fund TypeConservative Allocation
NAV40.6836
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
6.79% Govt Stock 202726.88%
5.22% GOI 202512.1%
6.19% Govt Stock 20349.55%
Indian Railway Finance Corporation Limited6.29%
Rural Electrification Corporation Limited6.27%
Tata Sons Limited3.09%
CANFIN Homes Limited2.86%
HDFC Bank Ltd2.53%
ICICI Bank Ltd2.41%
Reliance Industries Ltd2.29%

About HSBC Regular Savings Fund

The Scheme is an open ended hybrid scheme investing predominantly in debt instruments. The Scheme seeks generation of reasonable returns through investments in debt and money market instruments. The secondary objective is to invest in equity and equity related instruments to generate capital appreciation.

Pros & Cons of HSBC Regular Savings Fund

HSBC Regular Savings Fund offers following features :-

  • The Scheme is likely to maintain appropriate duration from both G-Sec, SDL and corporate bonds. With overnight of 6.5%, bonds offer value at current levels.
  • The Scheme has underperformed in 1 year, 3 year and 5 year investment horizon compared with category average and benchmark index.

Fund Information and Statistics of HSBC Regular Savings Fund

Inception / Launch date

The Scheme was launched on 24 February 2004 and was formerly known as HSBC Monthly Income Plan. The Scheme is benchmarked against CRISIL Hybrid 85+15-Conservative Index.

Risk level

Being a hybrid scheme, the scheme is moderately high risk proposition and suitable for investors looking for capital appreciation over long term i.e. investment horizon of more than 5 years.

Redemption

Being an open ended scheme, units are purchased and redeemed on every business day at NAV based prices, subject to exit load. Under normal circumstances, the fund house endeavour to despatch the redemption proceeds within 1 business day.

Fund Manager

The Scheme is currently being jointly managed by Mr Aditya Khemani and Mr Sanjay Shah. Mr Khemani is managing the scheme since February 2009 and Mr Shah is managing the scheme since August 2009.

Entry / Exit load

In respect of each purchase/switch-in of units, an exit load of 1% is charged by the fund house if units are redeemed/switched-out within 1 year from the date of allotment. No exit load is charged if units are redeemed or switched-out after 1 year from date of allotment. No entry load is charged by the fund house for subscriptions.

Tax benefits of investing in HSBC Regular Savings Fund

Long Term Capital Gains (LTCG) are taxed @ 20% after indexation if units are held for more than 36 months. Short term capital gains (STCG) are taxed as per the income tax slab. It is advisable to hold the investment for more than 36 months to avail tax benefits. Investors do not pay any tax on dividends received but a Dividend Distribution Tax (DDT) is deducted by the fund house at source.

About HSBC Mutual Fund

HSBC Asset Management (India) Pvt Ltd, investment manager to HSBC Mutual Fund, is one of the leading asset management company in country which offers a flexible product range to create wealth in the long term for individual and institutional customers. Mr Sridhar Chandrasekharan is the Global CEO of the Investment Manager of the fund house.

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns